Tudor Roof Tile Co. Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 01976344 (England and Wales)

TUDOR ROOF TILE CO. LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

6

DIRECTORS:

J M St. J. Harris

B H Luckhurst

P J Lythgoe

SECRETARY:

P J Lythgoe

REGISTERED OFFICE:

Dengemarsh Road

Lydd

Romney Marsh

Kent

TN29 9JH

REGISTERED NUMBER:

01976344 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

82 High Street

Tenterden

Kent

TN30 6JG

FIXED ASSETS

Tangible assets

2

859,237

895,016

Investments

3

37,935

897,172

932,951

CURRENT ASSETS

Stocks

648,551

592,289

Debtors

4

370,719

409,606

Cash at bank and in hand

369,162

334,539

1,388,432

1,336,434

CREDITORS

Amounts falling due within one year

843,738

794,733

NET CURRENT ASSETS

544,694

541,701

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,441,866

1,474,652

PROVISIONS FOR LIABILITIES

22,597

26,183

NET ASSETS

1,419,269

1,448,469

CAPITAL AND RESERVES

Called up share capital

5

460,005

Share premium

78,375

Capital redemption reserve

43,000

Profit and loss account

837,889

867,089

SHAREHOLDERS' FUNDS

1,419,269

1,448,469

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company
as at the end of each financial year and of its profit or loss for each financial year in accordance with
the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 June 2016 and were signed on
its behalf by:

B H Luckhurst - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Preparation of consolidated financial statements

The financial statements contain information about Tudor Roof Tile Co. Limited as an individual

company and do not contain consolidated financial information as the parent of a group. The

company has taken the option under Section 398 of the Companies Act 2006 not to prepare

consolidated financial statements.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its

estimated useful life.

Plant and machinery

- 33% on cost

- 12.5% on cost

- 8% on cost

Motor vehicles

- 25% on written down value

Stocks

Stock and work in progress are valued at the lower of cost and net realisable value as follows:

Finished goods - Cost of direct materials and labour plus attributable overheads based on normal

level of activity.

Work in progress - Cost of direct materials and labour plus attributable overheads based on the

level of completion and the normal level of activity.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line

basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

3,446,894

Additions

116

At 31 March 2016

3,447,010

DEPRECIATION

At 1 April 2015

2,551,878

Charge for year

35,895

At 31 March 2016

2,587,773

NET BOOK VALUE

At 31 March 2016

859,237

At 31 March 2015

895,016

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

and 31 March 2016

37,935

NET BOOK VALUE

At 31 March 2016

37,935

At 31 March 2015

37,935

The company's investments at the Balance Sheet date in the share capital of companies include

the following:

Natural Tiles Limited

Nature of business: Sale of tiling products

%

Class of shares:

holding

Ordinary

100.00

2016

2015

£

Aggregate capital and reserves

88,890

115,288

(Loss)/profit for the year

(26,398

)

23,368

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 0 (2015 - £ 11,346 )

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

460,005

Ordinary

£1

460,005

6.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors, by virtue of their shareholding.